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12 Aug 21
The US Federal Reserve could explore reducing asset purchases later this year, as the nation emerges from Covid-19, according to one of the central bank’s chiefs.
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10 Aug 21
The budget unveiled by Democrats in the US Senate contains $3.5trn of spending but fails to address the controversial issue of the government’s debt limit.
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3 Aug 21
Treasury secretary Janet Yellen has begun steps to prevent the US federal government borrowing above its legal limit, which came back into force on Sunday after a two-year suspension.
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2 Aug 21
Senate negotiators have unveiled a $1trn plan to invest in infrastructure in the US, after weeks of talks between the two main political parties.
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29 Jul 21
US president Joe Biden has said he will strengthen the rules governing the federal government’s $600bn of procurement spending each year in a bid to boost domestic manufacturing.
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29 Jul 21
US troops are leaving Afghanistan with poor growth prospects amid increasing violence and the devastating impact of Covid-19, a watchdog has said.
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26 Jul 21
Treasury Secretary Janet Yellen has confirmed that debt limits will be reimposed on US local government next month, to prevent a historic default on repayments following Covid-19.
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21 Jul 21
The expected $200m-plus revenue from Seattle City Council’s new tax on high earners at larger companies will be used to pay for housing, environmental and other development priorities.
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14 Jul 21
US treasury secretary Janet Yellen has said she will use extraordinary measures to manage the Treasury’s cash if Congress does not raise the debt limit by the end of July.
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5 Jul 21
Joe Biden’s social and infrastructure spending has been tipped to still have a noticeable impact on GDP in a decade’s time because he is targeting long-term benefits to the economy.
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25 Jun 21
A bipartisan group of US politicians have reached an agreement on an infrastructure bill initially valued at $953bn, including the creation of a new Infrastructure Financing Authority.
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18 Jun 21
A US watchdog has identified what it says were 3,400 conflicts of interest during the tenure of former president Donald Trump
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18 Jun 21
High US inflation rates related to the Covid-19 bounceback are set to be transitory, but interest rates rises might be needed by 2023 to deal with longer-term inflationary pressures, according to the...
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15 Jun 21
A successful vaccination programme means that the US’ economic recovery from Covid-19 will not depend on herd immunity, according to ratings agency Standard and Poor’s.
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4 Jun 21
The US Federal Reserve is preparing to sell off corporate assets purchased last year, to help keep companies solvent through the Covid-19 pandemic.
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3 Jun 21
The Joe Biden administration has decided to introduce tariffs on imports from six countries in an ongoing row over whether unilateral taxes on giant digital companies are fair.
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1 Jun 21
US president Joe Biden’s first annual budget, including $6trn of spending, has drawn support from fellow Democrats – but other voices have sounded warnings about the national debt.
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24 May 21
The US central bank is considering introducing a digital version of the country’s currency, with chair Jay Powell announcing a future public consultation on the issue.
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21 May 21
Joe Biden’s administration has climbed down from its proposed 21% minimum tax rate for multinational companies, suggesting it could accept a compromise as low as 15%.
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18 May 21
The UK is hesitant to support the US push for a 21% global minimum corporation tax rate over fears doing so would harm the chance of sorting out the issue of digital taxation, it has been reported.
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14 May 21
Surging US inflation figures do not reflect the “excellent” economic situation, a leading figure from the country’s central bank has said.
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29 Apr 21
The Federal Reserve is a “long way” from withdrawing its support for the US economy despite improving growth prospects, the central bank chairman has said.
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23 Apr 21
Joe Biden’s pledge to spend $5.7bn each year helping developing countries deal with climate change has been criticised for lagging behind promises from other nations.
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22 Apr 21
Canada’s central bank has cut its bond purchases this year, citing progress in the country’s economic recovery from Covid-19.
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22 Apr 21
Joe Biden’s suggested global minimum corporation tax rate would be unfair on small nations such as Ireland, the country’s finance minister has said.
12 Aug 21The US Federal Reserve could explore reducing asset purchases later this year, as the nation emerges from Covid-19, according to one of the central bank’s chiefs.
10 Aug 21The budget unveiled by Democrats in the US Senate contains $3.5trn of spending but fails to address the controversial issue of the government’s debt limit.
3 Aug 21Treasury secretary Janet Yellen has begun steps to prevent the US federal government borrowing above its legal limit, which came back into force on Sunday after a two-year suspension.
2 Aug 21Senate negotiators have unveiled a $1trn plan to invest in infrastructure in the US, after weeks of talks between the two main political parties.
29 Jul 21US president Joe Biden has said he will strengthen the rules governing the federal government’s $600bn of procurement spending each year in a bid to boost domestic manufacturing.
29 Jul 21US troops are leaving Afghanistan with poor growth prospects amid increasing violence and the devastating impact of Covid-19, a watchdog has said.
21 Jul 21The expected $200m-plus revenue from Seattle City Council’s new tax on high earners at larger companies will be used to pay for housing, environmental and other development priorities.
25 Jun 21A bipartisan group of US politicians have reached an agreement on an infrastructure bill initially valued at $953bn, including the creation of a new Infrastructure Financing Authority.
18 Jun 21A US watchdog has identified what it says were 3,400 conflicts of interest during the tenure of former president Donald Trump
15 Jun 21A successful vaccination programme means that the US’ economic recovery from Covid-19 will not depend on herd immunity, according to ratings agency Standard and Poor’s.
3 Jun 21The Joe Biden administration has decided to introduce tariffs on imports from six countries in an ongoing row over whether unilateral taxes on giant digital companies are fair.
18 May 21The UK is hesitant to support the US push for a 21% global minimum corporation tax rate over fears doing so would harm the chance of sorting out the issue of digital taxation, it has been reported.
22 Apr 21Canada’s central bank has cut its bond purchases this year, citing progress in the country’s economic recovery from Covid-19.
22 Apr 21Joe Biden’s suggested global minimum corporation tax rate would be unfair on small nations such as Ireland, the country’s finance minister has said.
